Wells Fargo & Company MN lifted its stake in shares of BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ) by 5.2% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,525,924 shares of the investment management company’s stock after purchasing an additional 224,372 shares during the quarter. Wells Fargo & Company MN owned 2.39% of BlackRock Enhanced Equity Dividend Trust worth $41,050,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. Wayne Hummer Investments L.L.C. grew its position in BlackRock Enhanced Equity Dividend Trust by 0.7% during the second quarter. Wayne Hummer Investments L.L.C. now owns 11,943 shares of the investment management company’s stock worth $105,000 after buying an additional 82 shares in the last quarter. WESPAC Advisors LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust during the second quarter worth about $115,000. Geneva Advisors LLC grew its position in BlackRock Enhanced Equity Dividend Trust by 9.8% during the second quarter. Geneva Advisors LLC now owns 14,527 shares of the investment management company’s stock worth $128,000 after buying an additional 1,301 shares in the last quarter. Merriman Wealth Management LLC purchased a new position in BlackRock Enhanced Equity Dividend Trust during the third quarter worth about $129,000. Finally, First Allied Advisory Services Inc. boosted its holdings in shares of BlackRock Enhanced Equity Dividend Trust by 78.6% in the 2nd quarter. First Allied Advisory Services Inc. now owns 19,408 shares of the investment management company’s stock worth $171,000 after purchasing an additional 8,539 shares in the last quarter.

BlackRock Enhanced Equity Dividend Trust (NYSE BDJ) opened at $9.15 on Tuesday. BlackRock Enhanced Equity Dividend Trust has a fifty-two week low of $8.06 and a fifty-two week high of $9.31.

The company also recently disclosed a monthly dividend, which will be paid on Friday, December 29th. Stockholders of record on Friday, December 15th will be issued a $0.0467 dividend. This represents a $0.56 dividend on an annualized basis and a dividend yield of 6.12%. The ex-dividend date of this dividend is Thursday, December 14th.

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BlackRock Enhanced Equity Dividend Trust Company Profile

BlackRock Enhanced Equity Dividend Trust (the Trust) is a diversified, closed-end management investment company. The Trust’s primary investment objective is to provide current income and current gains, with a secondary investment objective of long-term capital appreciation. It seeks to achieve its investment objectives by investing in common stocks that pay dividends and have the potential for capital appreciation and by utilizing an option writing (selling) strategy to seek total return performance and enhance distributions.

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Institutional Ownership by Quarter for BlackRock Enhanced Equity Dividend Trust (NYSE:BDJ)

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